Electric Utilities Announced Financial Results and Agreements - Research Report on FirstEnergy, AEP, Dominion Resources, Entergy, and The AES
NEW YORK, November 14, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting FirstEnergy Corp. (NYSE: FE), American Electric Power Co., Inc. (NYSE: AEP), Dominion Resources, Inc. (NYSE: D), Entergy Corporation (NYSE: ETR), and The AES Corporation (NYSE: AES). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
FirstEnergy Corp. Research Report
On November 5, 2013, FirstEnergy Corp. (FirstEnergy) reported its financial results for Q3 2013. Revenue decreased 0.4% YoY to $4.0 billion. Earnings available to FirstEnergy were $218 million or $0.52 per diluted share, compared to $425 million or $1.01 per diluted share in Q3 2012. Commenting on the results, President and CEO Anthony J. Alexander said, "Our third quarter results were in line with our expectation. Looking forward, we are pursuing opportunities for growth in our regulated businesses and will continue to focus on controlling costs across our organization, and profitable sales at our competitive segment." The Full Research Report on FirstEnergy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/0655_FE]
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American Electric Power Co., Inc. Research Report
On November 5, 2013, American Electric Power Co., Inc. (AEP) announced that the Company has been recognized as one of the nation's top 100 "military-friendly" employers by G.I. Jobs Magazine. According to the Company, this year's honorees were selected from among more than 5,000 employers with annual revenues of at least $500 million. The Company informed that the December 2013 edition of G.I. Jobs, which features the list of military-friendly employers, can be accessed through its website. AEP further reported that said the companies honored were selected based on their assets dedicated to military hiring, the strength of their recruiting programs, and their policies regarding National Guard and reserve service, among other criteria. The Full Research Report on American Electric Power Co., Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/e359_AEP]
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Dominion Resources, Inc. Research Report
On November 6, 2013, Dominion Resources, Inc. (Dominion Resources) announced that Governor Robert Bentley of Alabama, who is the Chairman of the Interstate Oil and Gas Compact Commission (IOGCC), presented the Chairman's Stewardship Award for a major company to Dominion Resources during the 2013 IOGCC Annual Meeting on November 5, 2013, held at Long Beach, California. According to the Company, Dominion Resources is being recognized for returning Cove Point Marsh, designated as one of Maryland's Natural Heritage areas, to its natural habitat after the 2006 Nor'easter storm. Dominion Resources further mentioned that the Company worked together with its community, regulators and university to restore the ecosystem and ensure long-term success. The Full Research Report on Dominion Resources, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/af3f_D]
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Entergy Corporation Research Report
On November 6, 2013, Entergy Corporation (Entergy) reported that all of Louisiana's state and regional economic development agencies are now using an online tool from Entergy's Louisiana utilities, which provides the state maximum visibility in the competitive arena of site selection. The Company further informed that Entergy Louisiana's Site Selection Center website works as comprehensive and innovative state site selection tool in the nation and is used as the official Site Selection Center by Louisiana Economic Development and 19 regional and local economic development organizations around the state. The Company reported that the website features a buildings and sites database and GIS mapping application with demographic and business data, parish and community profiles and a geospatial data download portal to geographically analyze potential properties for new and expanding businesses. The Full Research Report on Entergy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/9375_ETR]
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The AES Corporation Research Report
On November 7, 2013, The AES Corporation (AES) announced that it entered into agreements to sell its electric generation and distribution businesses in Cameroon to Actis for $220 million of net equity proceeds. The Company reported that AES Société Nationale d'Electricité (AES-SONEL), an affiliate of AES, entered the Sub-Saharan country of Cameroon in 2001 and began investing in the country's electricity sector. AES further informed that it has signed agreements to sell its wind generation assets in India and its wind development pipeline in Poland. According to AES, total net equity proceeds from the three sales are expected to be $236 million, with the expected closing of these transactions expected in Q1 2014. The Full Research Report on The AES Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/4775_AES]
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SOURCE Analysts' Corner
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